ChainLink vs Securitize vs TrueChain
What problem does this service solve?
ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up. | Securitize helps security token issuers manage all aspects of their tokenized digital assets. | TrueChain wants to improve blockchain performance with a hybrid consensus model. |
Token Stats
Not Relevant |
Company Description
ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware. | Securitize is a security tokenization platform. The company is focused on compliance and regulatory issues, and their dashboard helps clients manage the entire life cycle of a token. Token issuers can manage all aspects of their tokens, including issues related to regulation, fractional ownership, and driving liquidity. To do this, Securitize has developed an innovative protocol for managing ownership of digital assets. Their Digital Securities (DS) protocol will support third party apps, and will help address all aspects of the digital security life cycle, as well as the interests of investors, exchanges, and other stakeholders. | TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized. |